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The rapid erosion of sovereign wealth funds is another aspect of the situation surrounding the present financial crisis in the global economy. From one of many causes, declining oil prices, supporting currencies, supporting local banks, stimulus spending, declining exports, or bad investments in western countries, there has been arapid erosion of Sovereign Wealth Funds.
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Kuwait, Dubai Tackle Their Ills
Wall Street Journal 11/20/2008
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Wall Street Journal 12/19/2008
In Russia, Reserves Gain on Euro Rise
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Saudi Arabia's Kingdom Holding Reports Big Loss
Wall Street Journal 01/20/2009
Big Mideast Funds Scale Back Investments
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